Deal Name: CBA Commercial Assets

Following is a list of recent downgrades by Moody's Investors Service: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln Moody's New Rating Moody's Old Rating Notes Banc of America ...

Commercial Real Estate Direct Staff Report LaSalle Hotel Properties has paid $67.4 million, or 93.6 percent of the $72 million par value, for a mezzanine loan against the Shutters on the Beach and Hotel Casa Del Mar, a pair of ...

Crain's New York Business Investors Joseph Sitt and Joseph Moinian are looking for fresh capital for 245 Fifth Ave., a 310,000-square-foot office building in Manhattan whose $140 million CMBS mortgage matures in May. The loan was securitized through Credit Suisse ...

Washington Business Journal Montvale Center, a 123,400-square-foot office building in Gaithersburg, Md., was sold at a recent foreclosure auction for $9 million, or about $73/sf. The buyer was not identified. The property backs $25 million of debt that's securitized through ...

Following is a list of recent downgrades by Standard & Poor's: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln S&P New Rating S&P Old Rating Notes WaMu Commercial Mortgage ...

Commercial Real Estate Direct Staff Report LBA Realty, which bought 550 South Hope St., a 566,434-square-foot office building in Los Angeles, had assumed a CMBS loan on the property. But the loan's balance has been reduced to $118 million. The ...

Commercial Real Estate Direct Staff Report Ocean West Capital Partners, which bought 2600 Michelson, a 308,000-square-foot office building in Irvine, Calif., paid down the property's debt by $3.5 million. As reported, Ocean West bought the building for roughly $70 million. ...

Orange County Business Journal Ocean West Capital Partners has paid a little more than $70 million for the 308,000-square-foot 2600 Michelson office tower in Irvine, Calif. MPG Office Trust Inc., formerly known as Maguire Properties Inc., had owned the building. ...

A $25 million loan on Montvale Center, a 123,689-square-foot office property at 18310 Montgomery Village Ave. in Gaithersburg, Md., has been transferred to special servicing because of the risk of default. The loan is securitized through GS Mortgage Securities Corp. ...

MPG Office Trust Inc. last week said it was delivering a notice of imminent default to the servicer of a $470 million securitized mortgage on Two California Plaza, a 1.3 million-square-foot office building at 350 S. Grand Ave. in downtown ...